Financial Services and Fintech

Well Suited for Banking and Finance

232K

Workers in Financial Services

200+

Financial Services Headquarters

#2

Largest Banking Center in the US in Charlotte

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Financial Services
& Fintech
CNBC Logo White

North Carolina Ranked CNBC’s #1 State for Business

For the second year in a row, CNBC has named North Carolina America’s Top State for Business. A world-class workforce played a major role in securing the top spot as did a thriving economy and a low cost of living.

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Our top-ranked business climate, low cost of living, and access to a highly educated workforce lay the perfect foundation for startups and industry stalwarts to achieve growth.

3
Fortune 500 Financial Services Headquarters
30%
industry growth since 2018
Hub
for Bank of America, Ally, & Wells Fargo
22K
Fintech workforce

Low Taxes Boost Bottom Lines

A corporate tax rate of 2.5% (0% by 2030) and a flat personal income tax of 4.25% are just two contributors to North Carolina’s high business rankings. In fact, our state ranks in the top 10 states for lowest business tax burden in the country.

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The Epicenter of Fintech

Fintech firms like AvidXchange, LendingTree, nCINO, Payzer, and Spreedly are innovating the way North Carolina does finance. Other companies like NC Tech, Carolinas Fintech Hub, and Revtech Labs provide startups with the tools they need to thrive.

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Bank on Quality Talent

North Carolina has one of the most educated workforces in the US. Over 9,000 students earn degrees in finance or business administration from our 52 colleges and universities annually. According to Forbes, Duke and UNC-Chapel Hill have top 15 business schools.

Happy college students studying together and laughing. Group of multiethnic friends smiling and studying from books while sitting in university library. High School young men and women studying together.

Finance from Here to Everywhere

In North Carolina, you’re only a flight away from major global financial markets. The state’s airports, including Charlotte Douglas International (7th busiest hub in the US), offer multiple direct daily flights to New York, San Francisco, Chicago, and London.

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Financial Services and Fintech in North Carolina

North Carolina’s consistently top-ranked business climate, low corporate tax rate, global accessibility, and finance-focused workforce allow fintech firms to flourish.
Amwins Group logo

Amwins Group

Ally Bank logo

Ally Bank

Barings logo

Barings

Bank of America logo

Bank of America

Brighthouse Financial logo

Brighthouse Financial

Credit Suisse

Credit Suisse

Deutsche Bank logo2

Deutsche Bank

LendingTree logo

LendingTree

MetLife logo

MetLife

nCino logo

nCino

Truist Logo

Truist

Wells Fargo logo

Wells Fargo

Financial Services & Fintech by the Numbers

North Carolina’s consistently top-ranked business climate, low corporate tax rate, global accessibility, and finance-focused workforce allow fintech firms to flourish.

  • 01
    Finance Labor Availability

    With the second-largest financial center in the US, our finance professionals work at the top financial institutions in the world.
    Source: Lightcast, 2024

  • 02
    Fintech Labor Availability

    Our tech labor pool is uniquely concentrated within the financial services industry, making it easy to find experienced workers with industry expertise.
    Source: Lightcast, 2024

  • 03
    Financial Services Industry Growth

    North Carolina has the fastest-growing financial services industry in the country, growing at an impressive 30% rate since 2018.
    Source: Lightcast, 2024

With the second-largest financial center in the US, our finance professionals work at the top financial institutions in the world.
Source: Lightcast, 2024

Our tech labor pool is uniquely concentrated within the financial services industry, making it easy to find experienced workers with industry expertise.
Source: Lightcast, 2024

North Carolina has the fastest-growing financial services industry in the country, growing at an impressive 30% rate since 2018.
Source: Lightcast, 2024

Contact Us

The EDPNC helps businesses large and small succeed in North Carolina. For assistance, fill out the form and a member of our team will be in touch.

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Bryn Covington

Bryn Covington

Business Development Associate